Tanalys

Gold spot Intraday: further upside.

Pivot: 1256

Our preference: Long positions above 1256 with targets @ 1276 1293 in extension.

Alternative scenario: Below 1256 look for further downside with 1244 1231 as targets.

Comment: the immediate trend remains up and the momentum is strong.

Supports and resistances:

1305 **

1293 **

1276 **

1271 Last

1256 **

1244 **

1231 **

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